One of the most ubiquitous TNCs is Uber, which offers a variety of ride options that include uberX (smaller vehicles with lower-cost rides), uberBLACK (high-end sedans), uberSUV (with seating for up to six), and uberLUX (uber’s most expensive rides in luxury cars).

What type of organization is Lyft?

TypePublicIndustryVehicle for hireFoundedJune 9, 2012 (as Zimride)FoundersLogan Green John ZimmerHeadquartersSan Francisco, California, U.S.

What is Uber and Lyft classified as?

A ridesharing company (also known as a transportation network company, ride-hailing service; the vehicles are called app-taxis or e-taxis) is a company that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxicabs, cannot legally be hailed from the street.